Taiwan Hopax (Taiwan) Performance
| 6509 Stock | TWD 38.00 0.10 0.26% |
The entity has a beta of -0.0047, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taiwan Hopax are expected to decrease at a much lower rate. During the bear market, Taiwan Hopax is likely to outperform the market. At this point, Taiwan Hopax Chemsistry has a negative expected return of -0.0115%. Please make sure to validate Taiwan Hopax's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Taiwan Hopax Chemsistry performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Taiwan Hopax Chemsistry has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Taiwan Hopax is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 485.2 M | |
| Total Cashflows From Investing Activities | -331.1 M |
Taiwan |
Taiwan Hopax Relative Risk vs. Return Landscape
If you would invest 3,845 in Taiwan Hopax Chemsistry on September 19, 2024 and sell it today you would lose (45.00) from holding Taiwan Hopax Chemsistry or give up 1.17% of portfolio value over 90 days. Taiwan Hopax Chemsistry is generating negative expected returns and assumes 1.1851% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Taiwan, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Taiwan Hopax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Hopax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taiwan Hopax Chemsistry, and traders can use it to determine the average amount a Taiwan Hopax's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0097
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6509 |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiwan Hopax is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Taiwan Hopax by adding Taiwan Hopax to a well-diversified portfolio.
Taiwan Hopax Fundamentals Growth
Taiwan Stock prices reflect investors' perceptions of the future prospects and financial health of Taiwan Hopax, and Taiwan Hopax fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Taiwan Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0644 | |||
| Profit Margin | 0.10 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 8.95 B | |||
| Shares Outstanding | 173.49 M | |||
| Price To Earning | 18.79 X | |||
| Price To Book | 2.10 X | |||
| Price To Sales | 1.28 X | |||
| Revenue | 4.73 B | |||
| EBITDA | 865.8 M | |||
| Cash And Equivalents | 563.58 M | |||
| Cash Per Share | 3.20 X | |||
| Total Debt | 999.35 M | |||
| Debt To Equity | 66.50 % | |||
| Book Value Per Share | 19.88 X | |||
| Cash Flow From Operations | 355.34 M | |||
| Earnings Per Share | 3.13 X | |||
| Total Asset | 6.25 B | |||
About Taiwan Hopax Performance
Evaluating Taiwan Hopax's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Taiwan Hopax has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Taiwan Hopax has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
,Ltd. produces and sells diversified chemical products in the areas of specialty chemicals, fine chemicals, and repositionable self-adhesive products in Taiwan and internationally. The company was founded in 1975 and is headquartered in Kaohsiung, Taiwan. TAIWAN HOPAX operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Taiwan Hopax Chemsistry performance evaluation
Checking the ongoing alerts about Taiwan Hopax for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taiwan Hopax Chemsistry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taiwan Hopax generated a negative expected return over the last 90 days | |
| The company has NT$999.35 Million in debt which may indicate that it relies heavily on debt financing | |
| About 12.0% of the company shares are owned by insiders or employees |
- Analyzing Taiwan Hopax's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Taiwan Hopax's stock is overvalued or undervalued compared to its peers.
- Examining Taiwan Hopax's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Taiwan Hopax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taiwan Hopax's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taiwan Hopax's stock. These opinions can provide insight into Taiwan Hopax's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Taiwan Stock Analysis
When running Taiwan Hopax's price analysis, check to measure Taiwan Hopax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taiwan Hopax is operating at the current time. Most of Taiwan Hopax's value examination focuses on studying past and present price action to predict the probability of Taiwan Hopax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Hopax's price. Additionally, you may evaluate how the addition of Taiwan Hopax to your portfolios can decrease your overall portfolio volatility.